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Is life insurance with a savings option considered a pension/retirement account?

Whole Life Insurance

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Level 6

Is life insurance with a savings option considered a pension/retirement account?

No, a whole life insurance policy is not a qualified retirement account or a pension.

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Level 6

Is life insurance with a savings option considered a pension/retirement account?

No, a whole life insurance policy is not a qualified retirement account or a pension.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post